Tax season is creeping up like that awkward ex who still texts you “Happy New Year.” And with 2025 basically being a microwave burrito (half-cooked and already burning), investors better start sweating the small stuff. Spoiler: Crypto taxes are the adulting version of a group project. Nobody wants to do it, but if you don’t, the IRS shows up to your party with a calculator and a frown. 😬
gained 4.5% to $1.63, a glimmer of hope in the crypto inferno, even as trading activity remained muted, with 24-hour volume falling 29% below its 30-day average, according to CoinDesk Research’s technical analysis model. 🧠💸
Internal data, as revealed by the Financial Times, paints a picture of 13 user accounts-a veritable gallery of sinners-processing $1.7 billion in transactions from 2021, with $144 million of that sum spirited away after the November 2023 agreement. One might imagine the devil himself chuckling at the irony, for what is a plea if not a prayer for redemption, and what is redemption if not a promise to stop dancing with demons?
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The winds of change blow favorably, as CryptoQuant reveals that the 30-day moving average of Ethereum Taker Sell Volume has dipped to a mere $6.3 billion-the lowest since the golden month of May! Such a decline suggests that traders, no longer gripped by panic, are quietly pondering their next moves while sipping herbal tea and contemplating the meaning of life.
Despite the occasional rally, like a stubborn mule kicking up dust, XRP remains a far cry from triple-digit glory. The chasm between optimism and reality has grown wider than the Grand Canyon, forcing some in the XRP camp to rethink their timelines. It’s like watching a farmer pray for rain while his crops wither-hopeful, but maybe a tad delusional. 🌾💨
Reece, in his wise and slightly over-caffeinated tone, remembers the lawsuit as if it were yesterday-because, frankly, it probably feels like a decade ago when you’re clutching your coffee that tightly. The thing that stuck with him most? Watching Ripple’s global team – think of them as crypto’s version of the Avengers – rally with unbreakable focus and determination. No distractions, no crying in the corner, just pure grind mode. And he says, with all the confidence of someone who’s just won the lottery, that Ripple was definitely going to come out on top.
It seems we got ourselves a real troublemaker in the form of Stealka, lurkin’ on them popular sites like Github and Sourceforge, just waitin’ to pounce on the unsuspecting Windows user. It’s masquerading as everything from game cheats to software cracks, but behind that guise lies a tool to jack your browsers, wallet info, messaging chatter, and more. Think of it as a digital pickpocket with a pirate’s grin! 🏴☠️
This bold prediction comes as Bitcoin, the stubborn mule of the financial world, trades near $89,000, far from its October glory days. The fourth quarter has been a rough ride, with volatility shaking the wagon like a rattlesnake in a sack.
LINK is currently in its “healing phase”-which is code for “still kinda messed up but trying.” The price is hanging out below all the major moving averages, and the 200-day moving average is playing the role of the overbearing parent telling it what it can’t do. Momentum? Weak. Upturns? Brief and shallow. Basically, LINK is that friend who says they’ll stay for one drink and then leaves after 10 minutes.
